The UK is lagging behind in supporting the scale and economic potential of growing sectors, including sports and recreation: Padel is a prime example March 1, 2024 With over 25 million players in more than 90 countries, padel has been taking the world by storm, and has frequently been reported as the fastest-growing sport across the globe. Spain has six million players, and over 20,000 courts. Italy is the fastest new adopter of the sport, making up 18.5% of all global Google [...]
Start-up splash: British Business Bank’s ‘mandate’ could change to beef up growth investment March 1, 2024 A new government could change the mandate of the state-backed British Business Bank to enable it to ramp up investment into bigger start-up rounds, its chief executive has suggested. Speaking with City A.M.’s Bonds & Ballots series, Louis Taylor, the chief executive of the state-owned development bank, said there “is some scope” for a new [...]
Crash? What crash? House prices finally sneak into positive annual growth territory March 1, 2024 UK house prices grew for year-on-year for he first time since last January, according to Nationwide’s latest report.
London climbs to second in Schroders Global Cities index February 29, 2024 London has climbed to second in the Schroders Global Cities index, after falling from the top spot last year. The index, which ranks cities based on economic, environmental, innovation and transportation factors, aims to identify the top cities in the world for business. San Francisco took the number one spot for the second year in [...]
The Body Shop: Full list of stores to close as almost 500 jobs cut February 29, 2024 The locations of The Body Shop stores which are to close following the brand's collapse into administration have been revealed.
Losses at Itim Group to beat market expectations as sales rise February 29, 2024 Technology company itim Group has said its pre-tax losses are anticipated to be ahead of market expectations when it announces its full results for 2023.
Coventry Building Society sees profit boost from rate hikes as Co-op Bank merger talks continue February 29, 2024 Higher interest rates have boosted Coventry Building Society's annual profits as the lender continues to negotiate a potential merger with the Co-op Bank.
CVS revenue shoots up 11.4 per cent following international expansion February 29, 2024 Veterinary services group CVS saw revenues shoot up 11.4 per cent over the last six months, as the group made its first international acquisitions.
Schroders profits slide in ‘one of the most challenging years of recent times’ February 29, 2024 Schroders reported a rebound in assets under management but a slide in profits today as it weathered “one of the most challenging years” for money managers “in recent times”.
West End landlord Shaftesbury Capital cheers low vacancy rates in boost for London February 29, 2024 West-End landlord Shaftesbury Capital reported positive earnings and low vacancy rates during the full year.